Paycheck Protection Program round two: Many businesses seek additional funding

As the next round of the Paycheck Protection Program begins, business owners all over the country have tough decisions to make. Recently, the CFO Strategic Partners team released a survey covering business leader’s thoughts and planned actions for PPP round two. Our top takeaway from participants was that if a business qualifies, it will go […]

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Five things you need to know about the PPP loan forgiveness application

Nothing about the Paycheck Protection Loan program has been clear or easy to understand and the loan forgiveness application process is no exception.  Our team at CFO Strategic Partners has been working intimately with close to 100 clients over the past several months to navigate the challenging dynamics of the Paycheck Protection Program (PPP).  We […]

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THE PPP AND LATEST FORGIVENESS GUIDANCE

The Paycheck Protection Program (PPP) has provided many small and mid-sized companies with much needed funding to sustain their operations during the current pandemic.  In fact, more than 77% of small businesses have applied for PPP loans since the application process opened on April 3, 2020.  Since that opening date, more than $530 billion in PPP […]

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More PPP funding coming—but what comes next?

Small businesses across the country have eagerly sought financial relief through the Paycheck Protection Program (PPP) passed by Congress under the CARES Act. Our team of experienced outsourced CFOs worked diligently to gather, decipher and execute the steps necessary to ensure each of our clients was able to apply in a timely manner. According to […]

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COVID-19 Funding through a PPP loan—Anything but simple

Our team at CFO Strategic Partners has been working intimately with close to 100 clients the past two weeks to navigate the challenging dynamics of the Paycheck Protection Program (PPP).  Our CFO consultants have helped clients in many different industries and have been interacting with many different lending institutions.  Most clients were initially hopeful that […]

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